We Are Facing An 'Austerity Bomb,' Not A 'Fiscal Cliff'http://www.businessinsider.com/we-are-facing-an-austerity-bomb-not-a-fiscal-cliff-2012-11/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Wed, 13 Dec 2017 22:41:30 -0500Linda McKissack Bealehttp://www.businessinsider.com/c/50afe3aeecad04be77000034sawyer50Fri, 23 Nov 2012 15:59:26 -0500http://www.businessinsider.com/c/50afe3aeecad04be77000034
Why all the arguments over taxes? Just put VAT to work. Then the job is done. Everyone's happy. Are they just arguing to make it look like really do something of value? They better start waking up. The people aren't as uninformed as they were... say 50 years ago. If you ask me, we're all getting sick, and tired of their games, and playing us against each other. The elections are over, and enough is enough.http://www.businessinsider.com/c/50afd58469bedd987300001cDennis CampbellFri, 23 Nov 2012 14:59:00 -0500http://www.businessinsider.com/c/50afd58469bedd987300001c
Associate professor of law....that's all you need to know.http://www.businessinsider.com/c/50afa68c6bb3f72e6e00001bKC TrubyFri, 23 Nov 2012 11:38:36 -0500http://www.businessinsider.com/c/50afa68c6bb3f72e6e00001b
Preaching to the quire - anyone who does not believe in Keynes never got past the 3rd paragraph of this diatribe. How about some writers with persuasion skills at the BI???????????http://www.businessinsider.com/c/50afa44069beddfd7e000008fire up the smoke machine deploy the mirrorsFri, 23 Nov 2012 11:28:48 -0500http://www.businessinsider.com/c/50afa44069beddfd7e000008
no other 3rd world country spends (borrows) this much on their military,when u as a nation borrow 2 tril to o pick a fight with a bunch of goat herders mindin their own business, it's say the nation moral and economic compass is busted. can't borrow and print foreverhttp://www.businessinsider.com/c/50afa3d269bedd5e77000018Dennis954Fri, 23 Nov 2012 11:26:58 -0500http://www.businessinsider.com/c/50afa3d269bedd5e77000018
"When it is actually about the risk that the deficit will be too small". How can the deficit ever be too small? I would think a balanced budget would be a good thing. A surplus would be even better so the nation can start paying down the $16 trillion debt! Krugman needs to lay off the kool aid.http://www.businessinsider.com/c/50af9f1fecad04b67b00001aJaydeeFri, 23 Nov 2012 11:06:55 -0500http://www.businessinsider.com/c/50af9f1fecad04b67b00001a
Well, lets be clear here. Shes an "associate" professor at the 110th ranked law school Wayne State in the post apocalyptic city formerly known as Detroit. So, basically her entire existence is predicated upon ever increasing levels of debt - be it the loans her students take out to go to her shitty school or the continuous bailing out of Detroit by the US government. Its not rocket science as to why shes so against any level of spending reductions.http://www.businessinsider.com/c/50af94b8ecad044b6a00000fCTFri, 23 Nov 2012 10:22:32 -0500http://www.businessinsider.com/c/50af94b8ecad044b6a00000f
"Keynesian economic theory is the only theory that has gotten much of what's gone on in the last few decades correct"
WHAT THE FUGGGGG????? This crazy B teaches people??????
Ugh.... we're effed as a nation.http://www.businessinsider.com/c/50af8fcc69bedde14d000008fredfryinternationalFri, 23 Nov 2012 10:01:32 -0500http://www.businessinsider.com/c/50af8fcc69bedde14d000008
The Democrat's calls to increase taxes on the rich solves maybe 8% of the deficit problem. They have been totally silent on how to deal with the remaining 92% of the deficit and will probably ignore it as they have been , simply taking the additional tax revenue they are fighting for and spend that too, twice!
Given the trivial difference, this call to increase taxes on the richest is nothing more than to appease their supporters who enjoy watching people who are doing better than them get screwed.
IF THE PURPOSE OF INCREASING TAXES ON THE RICH IS TO HELP TACKLE THE DEFICIT, WHAT IS THE REST OF THE SOLUTION?
Maybe it is hidden in the budget....http://www.businessinsider.com/c/50af8e14eab8eabb5f000041ManebFri, 23 Nov 2012 09:54:12 -0500http://www.businessinsider.com/c/50af8e14eab8eabb5f000041
Wow. I learned a lot in this article! There isn't a debt/deficit problem. And the govt should spend more money! classic claptrap.http://www.businessinsider.com/c/50af8ba96bb3f7434000000cMike MatheaFri, 23 Nov 2012 09:43:53 -0500http://www.businessinsider.com/c/50af8ba96bb3f7434000000c
Amazing an honest Progressive. The people responsible for the government spending problem is not the 1% but the middle class and the poor. Maybe Romney was correct about the 47%.
Very interesting that this view came out after the election.http://www.businessinsider.com/c/50af8b346bb3f7df39000020mikej77Fri, 23 Nov 2012 09:41:56 -0500http://www.businessinsider.com/c/50af8b346bb3f7df39000020
Another editorial from "Occupy Wall Street". Whether you face austerity as I have for the past four years or not will depend on your position within our Political Economy. The Obamas, Buffets and McKissack Beales of this World have done pretty well over the same period of time.
By and large MOST US residents will experience substantial austerity by one means or another.
Vast deficits and money printing may ease this experience psychologically but the 80% are going to experience falling living standards regardless of the way the austerity is delivered right to their door.
This "professor" is another tax payer funded campaign speech writer not an educator but a propagandist.http://www.businessinsider.com/c/50af885a6bb3f7483500002fJaydeeFri, 23 Nov 2012 09:29:46 -0500http://www.businessinsider.com/c/50af885a6bb3f7483500002f
A reference to those dastardly Koch brothers and shout outs to Reich and Krugman. Thats pretty much all you need to know about todays Kos Kiddie piece on BI.